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215 W Fayette St
1,340 - 4,000 SF of Retail Space Available in Syracuse, NY 13202
Highlights
- Well located retail space in downtown Syracuse
- On street parking as well as excellent proximity to paid parking options
- Wide open space – hardwood floors and exposed brick walls with glass front area and door for excellent retail exposure
- Walking distance to many restaurants and other retailers
- Around corner from Armory Square, 4 blocks from Hanover Square, and 3 blocks from Clinton Square
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste Office/Retail | 1,340-4,000 SF | 8’ - 12’ | 10 Years | $14.50 /SF/YR $1.21 /SF/MO $156.08 /m²/YR $13.01 /m²/MO $4,833 /MO $58,000 /YR | Triple Net (NNN) |
1st Floor, Ste Office/Retail
4,000SF retail space with alternative use as office space. The main entrance to the space will be from Fayette Street. Well located on outer part of Armory Square near many restaurants, shops, bars, and other retailers. Adjacent to paid parking lot and ample on-street parking available. Space has exposed brick interior and hard wood floors, as well as high ceilings.
- Lease rate does not include utilities, property expenses or building services
- Finished Ceilings: 8’ - 12’
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 215 W Fayette St , Syracuse, NY 13202
| Min. Divisible | 1,340 SF | Gross Leasable Area | 22,776 SF |
| Property Type | Retail | Year Built | 1920 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 0.53/1,000 SF |
| Min. Divisible | 1,340 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 22,776 SF |
| Year Built | 1920 |
| Parking Ratio | 0.53/1,000 SF |
About the Property
22,776 square foot retail building in Syracuse, NY.
- Bus Line
- Storage Space
Nearby Major Retailers
-
Elaina Pirro -
Michael DeLaney -
Cushman & Wakefield | Pyramid Brokerage Company
Learn More About Leasing Retail Properties
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215 W Fayette St
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